Posted by Paul (in NY) on Thursday, December 19, 2002 at 8:26PM :
In Reply to: Re: whats the belt pulley reserve doug? posted by Clint Dixon on Thursday, December 19, 2002 at 8:07PM :
If I have a reserve auction, I always tell what the reserve is in the item description.
Most people have a top dollar they will bid. By knowing the reserve, they know if the item is in the dollar range they will bid. A reserve is like a safety net so an item can not sell for less than your willing to let it go for.
Paul
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